BOSS Wallet data source, Curve real-time price quote, CRV today's latest price reached $0.7196, an increase of 3.01%, trading volume $516 million

Analysis through candlestick chart shows that it is currently in an upward trend. Compared to 23:00, it has risen significantly, breaking through the high point of 00:00. When the price rises and the trading volume decreases, it usually indicates that the market's upward momentum is weakening, with fewer buyers.
This divergence phenomenon between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to sustain an upward trend, and there is a risk of a high-level pullback. Investors should pay attention to whether the trading volume can support the price increase and whether new buying pressure is entering the market.
The market is in an upward trend, but the trading volume has decreased, indicating a lack of market activity. Based on the Williams indicator, the current market is neither overbought nor oversold. Recently, trading volume has decreased, with trading volume lower than in the previous hours, while the price is rising and trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, lacking trading volume support. It is advised to remain on the sidelines and wait for signals of market recovery.

The above content is for reference only and does not constitute investment advice.